27 November 2012
Applicable to every company including a foreign company engaged in production, processing, manufacturing or mining wherein: They are engaged in tariff heads as defined under notification dated 30th June 2011 and 24th January 2012 and the aggregate value of the turnover made by the company from all products or activities during the immediately preceding financial year exceeds ` 100 crores
They are engaged in activities where special Cost Audit Records Rules Apply under eight categories and where: the aggregate value of the turnover made by the company from all products or activities during the immediately preceding financial year exceeds ` 20 crores or the aggregate value of net worth as on the last date of the immediately preceding financial year exceeds ` 5 crores, or the company’s equity or debt securities are listed or are in the process of listing on any stock exchange
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